"Gasoline futures surged on Wednesday to a two-year high while crude oil was down, as flooding and damage from Tropical Storm Harvey shut nearly a quarter of U.S. refinery capacity, curbing demand for crude while raising the risk of fuel shortages."
"Scientists warn of more and expanding 'bull’s-eyes' as Americans build in parts of the country at ever greater risk because of climate change and severe weather."
"The U.S. Environmental Protection Agency will no longer sponsor an awards program honoring voluntary corporate actions to combat global warming, it announced on Friday, the agency’s latest move to undo Obama-era climate change programs."
"Oil and gas producers might have a harder time breaking even in shale plays containing federally controlled land, but that may have little to do with the regulatory and permitting burdens associated with extracting hydrocarbons from public acreage, energy researchers say."
"Homeowners suffering flood damage from Harvey are more likely to be on the hook for losses than victims of prior storms — a potentially crushing blow to personal finances and neighborhoods along the Gulf Coast. Insurance experts say only a small fraction of homeowners in Harvey’s path of destruction have flood insurance."
"As Exxon Mobil responded to news reports in 2015 that said that the company had spread doubt about the risks of climate change despite its own extensive research in the field, it urged the public to “read the documents” for themselves. Now two Harvard researchers have done just that, reviewing nearly 200 documents representing Exxon’s research and its public statements and concluding that the company “misled the public” about climate change even as its own scientists were recognizing greenhouse gas emissions as a risk to the planet."
"With a sweeping overhaul of the tax code on the horizon, two Senate Democrats believe this is the moment to broach the third rail of climate change policy: a carbon tax."
"Gov. Scott Walker’s plan to exempt Foxconn from state wetland restrictions may do more to attract smaller developments in the future than it will to lure the electronics giant to Wisconsin, critics of the plan say."
"Vanguard Group on Monday said it has urged companies to disclose how climate change could affect their business and asset valuations, reflecting how the environment has become a priority for the investment industry."
"BEIJING—As the United States reverses its climate policies, the world's top greenhouse gas emitter is in the midst of setting up a national carbon-trading system."
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